Executives who cash in future deferrals early (except for a few specified reasons) will owe a hefty 20% tax penalty--twice that paid by folks taking early distributions from Individual Retirement Accounts or 401(k)s.
In 1843 the ABS sold the first-ever charitable gift annuity, a now-popular fundraising device in which a person makes a donation to a tax-exempt entity and gets back a specified annual return for life.